Expansion stories - Page 6

Cyber risk firm, NormCyber, appoints four senior executives to bolster expansion plans and introduces new partnerships and offerings to expand its services in Europe.

Swoop Holdings reports a 17% year-on-year revenue increase in half-year results, attributing this robust growth to successful acquisitions and a subscriber increase to over 160,000.

Pimberly, the UK-based PIM and DAM software provider, has secured an additional £4m ($5m) for expansion into US and European markets, raising its total funding to over £14m ($17.8m).

Hurricane Electric announces advanced connectivity with a new Point of Presence at Deep Edge Realty in Portland, Maine, marking their second in the state and seventh in New England.

Sydney's Jet Technologies has opened a distribution centre in Brisbane, marking its expansion in Australia and New Zealand, driven by increasing demand for their print, packaging and industrial solutions.

In a bid to boost its eCommerce capabilities, Target Darts has enlisted the expertise of digital media company Brave Bison following a surge in popularity and expansion.

Internet pioneer Scott Hicks is now CEO of digital infrastructure group iseek, following the firm's acquisition of his business, YourDC. Hicks plans to boost iseek's growth trajectory.

Dynamic Supplies NZ diversifies its IT distribution strategy beyond printing, partnering with brands like Maxhub and EcoXGear, affirming its status as a key distribution partner in the Kiwi channel.

Trend Micro bolsters ANZ leadership team with appointment of Srujan Talakokkula as Managing Director for Commercial business, as it commits to growing local customer base.

Despite high inflation and rising interest rates, 80% of SMEs plan strategies for growth in 2024, underpinned by a focus on innovation, investment, and staff training, says a CBA-YouGov study.

Advanced AI tech leader Kore.ai raises $132 million in Series D funding, facilitated by FTV Capital and existing investors, aiming to boost market expansion and AI innovation.

Melbourne-based food redistribution platform, Yume, has secured AU$2m in a seed funding round spearheaded by Investible to ramp up its technology capabilities and workforce.

Westcon-Comstor has announced it has strengthened its commitment to Amazon Web Services Marketplace through a new agreement.

Singtel unveils initiative to boost AI development and ecological sustainability in Singapore and Southeast Asia, with plans for AI-ready, eco-friendly data centres expansion.

Strong Q2 results and record 1H24 earnings put archTIS Limited, a secure data collaboration software firm, en route to achieving imminent revenue expansion and nearing cash flow positivity.

CIBC Innovation Banking funds global legal software firm Actionstep's acquisition of Soluno, marking a pivotal investment in digitalising legal firm workflows.

BillingPlatform secures a massive $90m growth equity investment from FTV Capital, boosting its ongoing expansion in a growing $10bn market.

maincubes, a top European data centre owner, plans to build its largest centre to date, FRA04, in Frankfurt's Rhine-Main Area, boasting a massive 40MW IT capacity and designed to meet rising needs for hyperscale and AI infrastructure.

In a bid to fuel growth and expansion, warehouse tech pioneer Synergy Logistics appoints Chris White, a seasoned operations executive, as the new Head of Sales for EMEA region.

Empowering credit control teams with automation technology and a proactive involvement in strategy could fuel profitable growth for businesses in 2024, despite a gloomy economic outlook.